REGISTERED COMPANY NUMBER: N1035195 (Northern Ireland) REGISTERED CHARITY NUMBER: NIC103726 ort of the Trustees and Financial Ststements for the Year Ended 31 Mareh 2025 for P I lass Communi Assoeiation Sall Gardens Ltd an Limited b Guarantee Acom Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Armagh B T67 OLE
Pole la Comrnuni Sall Gardens Ltd Association Contents of the Financial Statements for the Year Ended 31 March 2025 Page Reference and Administrative Details Report of the Trustees Report of the Independent Auditors 10 to 13 Statement of Finaneial Activities 14 Statement of Financial Position 15 Statement of Cash Flows 16 Notes to the Statement of Cash Flows 17 Iyotes to the Financial Statements 18 to 31 Detailed Ststement of Financial Activities 32 to 33
Pole lass Comrnuni Sall Gardens Ltd ciation Reference and Administrative Details for the Year Ended 31 March 2025 TRUSTEES Michael George (Chairperson) Tony Kennedy (Vice Chair) Brendan McAteer Aidan Kelly REGISTERED OFFICE Sally Gardens Community Centre Sally Gardens Lane Bell Steel Road Belfast Co. Antrim BT17 OUJ REGISTERED COMPANY NUMBER N1035195 (Northern Ireland) REGISTERED CHARrrY NUMBER NIC103726 AUDITORS Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Street Moira Co. Annagh BT67 OLE CHtEF EXECUTIVE OFFICER Martin Connolly BANKERS & SOLICITORS First Trust Bank 35 Univcrsity Street Belfast BT7 IND Gilmore Solicitors 50 Kennedy Way Belfast Co Antrim BTI19AP
Pole lass Communi Sall Gardens Ltd Assoeiation ort of the Trustees for the Year Ended 31 March 2025 The trustees who are also directors of the charity for the purposes of the Companies Act 2006, present their report with the financial statements of the charity for the year ended 31 March 2025. The trusfres hav¢ adopted th¢ provisions of Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102) (effective l January 2019). ORJECTIVES AND ACTIvrrIES Vision To provide a safe and well resourced centre which is a foca] point within an improved Colin community are& Mission To PTovide quality services which help improve quality of life of people in the Colin are&
lass Communi Sall Gardens Ltd Association ort of the Trustees for the Year Ended 31 Mareh 2025 ORJECTIVES AND ACTtvrTIES Public benefit (A) provide facilities and amenities in the interests of social welfare for recreation and other leisure time occupations with the object of improving the conditions of life for th¢ said residents. The direct benefits flowing from this purpose include.. Improved skills development and employment prospects Improved sense of community pride and active citizenship lrnproved access to Tnental health themed initiatives Improved health & wellbeing Improved health & fitness - Improved access to sport and leisure These benefits can be demonstrated by Increase in residents gaining employment Increase in residents taking part in community events Increase in residents volunteering Reduction An residents attending GPS Reduction in self harm & statistics as reported by SET Incre&sed attendance in sport & leisure evidenced through pitch and programme usage. (B) relieve those in need by re&son of youth, age, ill-health, disability or other, disadvantage The direct benefits flowing from this purpose in¢lude'. Reduction in anti-social behaviour, incidents and community related crime The number of young people attending youth drop in The number of young people attending youth interventions The number of residents with a disability attending centre activities. These benefits can be demonstrated by Reduction in reported crime identified by NISRA and PSNI statistics Feedback from resident's surveys Analysis of completed registration forms (C) advance education and promote health The direct benefits flowing from this purpose include.. Increase in cducation attainment at Level l & Level 2 Improved attendance at annual health & wellbeing day. These benefits can be dernonstrated by Analysis of NISRA statistics of residents gaining qualifications Reduction in smokin& alcohol & drug misuse as evidence by SET reports Th¢r¢ is no harn] arising from our purposes. The charity's beneficiaries are primarily but not exclusively residents living in the Colin are& Ther¢ is no private benefit flowing from the purposes. The trustees has complied with the duty to have regard to the guidance issued by the Charity Commission for Northern Ireland under section 4(b) of the Charities Act.
Pole lass Commulli Sall Gardens Ltd Association ort of the Trustees for the Year Ended 31 March 2025 ORJECTIVES AND ACTIvrrIES Values - Empowernient Inclusion Participation and involvement Partnership and collective action Strategic Aims To ensure the overaIl strategic direction for the management of Poleglass Community Association @ Sally Gardens is achieved. To promote effective usage and sustainability of the centre To build the capacity of the community through local leadership, centre's users and local groups To Identify the needs of young people and improve social interaction and opportunities To promote community health, safety and social wellb¢ing To develop, promote and implement a prograrnme of services and activities throughout the year To establish, develop and maintain high class sports facilities in the area To promote good relations in the Colin and with other areas Our funding strategies and operational plan links directly to the aims and objectives of the organisation with funding sourced to direct and deliver on our strategic aims.
Pole lass Comrnuni S211 Gardens Ltd Association ort of the Trustees for the Year Ended 31 March 2025 STRATEGIC REPORT Achievement and performanee Charitable activities PCA @ Sally Gardens delivers a range of community-based services to all ages, from youth intervention initiatives to alternative therapies. Issues targeted are. community development, youth diversion, addressing poor mental health, providing community facilities, facilitating disability inclusion and contributing to the promotion of good relations that enhances a shared society. The centre provides an inclusive service to all groupslindividuals regardless of race, colour. gender, sexuaI orientation, religious affiliation, national origin, age, or disability. The vision of PCA @ Sally Gardens is to provide a safe and well-resourced centre that is a focal point within an improved Poleglass community area. The mission of PCA is to provide quality services that will help improve the quality of lives of people in the local area. Collectively, they operate under the values of empowennenL inclusion, participation, involvement, partnership and collective action, activating good relations in the area. PCA @ Sally Gardens operate in a number of organisational areas.. l. Special Projects e.g. The National Lottery Community Fund, Urban Villages development, Belfast City Council Community Development and Health & Wellbeing. 2. Community Programmes e.g. Youth Intervention Initiatives, Healthy Living Alliance and Community Development. 3. Facility Management e.g. management of the 3G pitch, wider site, community gym, income generating activities and centre usage. 4. Training and Education. The centre remains a vital hub of the community and mor¢ importantly listens to what the community needs and responds. A strong commitm¢nt from our Board, staff and volunteers h&% created a vibrant welcoming community centre. Th¢ range and diversity of services demonstrate front line services is a key priority to meet the growing need of residents living in the Colin area. The major development this year has been the development of services linked to the extension to our health living centre incorporating a state of the art gym with Urban Villages the principal funder with the shortfall being made up by Belfast City Council. Health & Wellbeing remains an area of development, with many activities linked to take 5 steps to wellbeing approach by reducing social isolation, improved lifestyle choices & positive change. In our experience the legacy of the past has been an issue relating to poor mental health, evaluations and feedback on interventions such as L2 Trauma Infonned Practice and L2 Adverse Childhood Experiences have been particularly insighrful highlighting events of the p&%t have had a lasting impact on people's wellbeing. B&ged on previous learning. consultations and project evaluations we have expanded our curriculum prograrnme to incorporate L2 Food & Nutrition, L2 Tackling Violence & Coercive Control. We have almost completed a three-year National Lottery Colin Wellbeing & ResTlience Project to address health and deprivation inequalities in the Colin ar¢a and focused on building capacity of residents, increasing skills and knowledge of residents to improve health and wellbeing with a particular focus on reducing social isolation.
Pol lass Comrnuni Sall Gardens Ltd Association ort of the Trustees for the Year Ended 31 March 2025 The centre continues to host vital community services to include counselling, alternative therapies, dram4 job club, advice clinic, health & fitness, adults-based programmes, befriending service, education & training. youth drop in and much more. Partnership and collaboration remain a core function. We are involved in a range of networks to benefit the community such as, West wide Community in Transition Health project & Wellbein& West Belfast Strategic Health & Wellbeing Forum, sub regional collaborative partnership work involving PCA @ Sally Gardens, County Down Rural Community Network, The Resurgam Trust, Peninsula Healthy Living Partnership will benefit from shared learning. In addition, Tegional work has becoming a focus as PCA @ Sally Gardens is a member of the Healthy Living Alliance whlch provides thematic work on social prescribing, physical actlvlty, health campaigns and projects such as Better Days Pain Support programme and world sulcide prevention day. Our cuent programme targets young people at risk and socially excluded from society. The programme is aimed at providing additional access to youth services linked to Priorities for Youth, youth work curriculum, post-primary age group through extended opening. Youth Work is delivered as centre based and on an outreach/detached model. Sally Gardens Youth provision remains a core area of work for young people in post primary education. Activiti¢s provided include drop in, footbaIl, personal development programmes and a range of OCN Qualifications. The programmes are designed and are delivered based on the needs of young people. Our youth team work on a daily basis to help build confidence, self-esteem and teach our young people skills for the future. Each route taken depends on the needs of the individuaI. W¢ have encouraged young people to continue in education, promoted other educationltraining options or guided young people into employment. PCA @ Sally Gardens and Colin Safer Neighbourhood Project (CSNP) continue to work in partnership to address community safety related issues. Funding received from DOJ Assets Recovery, Irish Youth Foundation and Belfast City Council have made a dramatic impact on the increased level of services provided in the Coin are& Curriculum development is a major strength and a number of new qualifications have been developed this year L2 Self Directed Change. L2 & L3 Training the Trainer, L2 Food & Nutrition, L2 Tackling Violence & Coercive Control being added to over 60 different accredited programmes on offer. Staff continue to develop an enriche(L diverse cU1cUluM designed to improve opportunities, emotional wellbeing, social integration, citizenship. volunteering and tackle under achievement to improve opportunities. PCA @ Sally Gardens staff and volunteers have a diversity of skills, qualities and experience developing and delivering accredited and non-accredited programmes in community development, sport, employability, health & wellbeing with a holistic centre based approach. PCA @ Sally Gardens has a proven track record of delivering prograrnmcs on good relations, community themed projects, youth, employability and health related areas. Our services remain diverse and needs based to support emotional health and well-bcing with activiti¢s such as Sound Healing Tai Take 5 projects, Adverse Childhood Experiences, Music Therapy, Mindfulness, Trauma Infonned Practice and Yog4 nutritional and fitness advice. PCA @ Sally Gardens have sowced a diverse range of funding from The National Lottery Community Fund, GP Federation, Dfc, Belfast City Council Small Grants, Urban Villages, BCC Capacity Building Grant, Irish Youth Foundation, CIT Health & Wellbein& and Charles Hayward Foundation.
Pole lass Communi Sall Gardens Ltd Association Re ort of the Trustees for the Year Ended 31 March 2025 STRATEGIC REPORT Financial review Financial Review The company had net outgoing resources for the year of £83,835 (2024: net incoming resources of £56,809), which reflected the completion of a number of projects during the year. Unrestrlcted funds decre&sed by £84,735, while restricted funds increased by £900. Princip21 funding sources PCA @ Sally Gardens receive funding from Department for Communities and Belf&st City Council to undertake core activities that have a positive impact on the Colin are& PCA @ Sally Gardens have sourced a diverse range of funding from, DtE, CIT Health & Wellbeing, Irish Youth Foundation, Belfast City Council Small Grants, Urban Villages, BCC Capacity Building Grant, National Lottery Community Fund, Charles Hayward Foundation, Education Authority and securing tenders. Reserves policy The charities policy is to retain a level of free reserves, which matches the needs of the organisation both at the ellent time and in the foreseeable future. It is the policy of the charity to maintain free reserves in unrestricted funds at a level equivalent to six month's expenditure. The Directors consider that reserves should be the equivalent of six month's personnel and overhead Costs, calculated and reviewed annually. Reserves at this level will ensure that, in the event of a significant drop in funding, they will be abl¢ to continue the charity's current activities while consideration is given to ways in which additional funds may be raised. This level of reserves has been maintained throughout the year. The charity has developed a plan to establish and maintain this agreed level of free reserves. The charity will continue to monitor compliance with this policy on a regular basis and the Board will review the appropriateness of the policy annually. Growing Concern Unfortunately PCA @ Sally Gardens staff are not core funded which places immense pressure on securing funding to essentially deliver much needed services, however we remain committed to maintaining staff levels and service . Future pIans As previously noted, our three-year National Lottcry Colin Wellbeing & Resilience Project is due to end early 2026 which leaves a major gap in service provision highlighting the need to secure an additional long-term funded project. PCA @ Sally Gardens will continue to try and source additional funding to fill gaps in service partTcularly around service provision, health & wellbeing, employability, tackling povety and provision identified by continued community consultations. research reports, project evaluations and current statistics. STRUCTURE, GOVERNANCE AND MANAGEMENT Governing document The charity is controlled by its governing documenL a deed of trusL and constitutes a limited company. limited by guarantee, as defined by the Cornpanies Act 2006.
Pol lass Communi Sall Gardens Ltd Association ort of the Trustees for the Year Ended 31 March 2025 STRUCTURE. GOVERNANCE AND MANAGEMEIYT Governance of the Organisation The cliarity is a company limited by guarantee and is governed by its Memorandum and Articles of Association. During the period und¢r review the directors met on a monthly basis. Trusteesldirectors are appointed by nominations made in writing by any existing director. At the General Meeting nominated directors are appointed by election. New directors will undertake an induction as per Trustee Induction Policy & Procedures to ensure trustees have a clear understanding of their responsibility to run the charlty in line with legal requirements and best practice. The trustees conduct an annual review of the strategic plan and at the same time review board perfomiance. Policies and procedures are reviewed and updated on an ongoing basis. Key Management Personnel The trustees annually review the board and senior management team in temis of any skills gaps to ensure a diverse and comprehensive team exists to comprise the key management personnel of the charity in charge of directing and controlling, running and operating the organisation on a day to day basis. All directors give their time freely and no director re¢eived remunerdtion in the year. The pay of all staff is benchmarked against NJC Scales. Risk management The trustees have assessed the major risks to which the charity is expose( in particular those related to the operations and finances of the charity, and are satisfied that the systems are in place to mitigate any exposure to the major risks. The trustees have a risk management strategy which comprises: An annual and mid review of the principle risks and uncertainties that the charity face. The establishment of policies, systems and procedures to mitigate those risks indented in the annU/mId review. The implementation of Procedures designed to minimise or manage any potential impact on the charity should those risks materialis¢. This work has identified that financial sustainability is a major risk and could affect the charity. Attention and priority has been focused on the development of a funding strategy in line with a business strategy developed to maximise income generatio thus securing financial sustainability. Trustees and senior staff hav¢ been focused on non-financial risks arising from fire, health & safety, building maintenance and security. These risks are managed by having robust policies and procedures in place and regular awarcncss training for staff. PCA @ Sally Gardens over the past number of years have invested significant time and effort to ensur¢ its management structures and proc¢dures are highly efficient and compliant to meet and exceed the requirements of a wide range of ndIng bodies. EVENTS SINCE THE END OF THE YEAR Inforniation relating to events since the end of the year is given in the notes to the financial statements.
Pol lass Communi Sall Gardens Ltd Association ort of the Trustees for the Year Ended 31 Ivlarch 2025 STATEMENT OF TRUSTEES, RESPONSIBILrrIES The trustees (who are also the directors of Poleglass Community Association @ Sally Gardens Ltd for the purposes of company law) are responsible for preparing the Report of the Trustees and the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. En preparing those financial statements, the trustees are required to select suitable accounting policies and then apply them consistently observe the methods and principles in the Charity SORP make judgements and estimates that are reasonable and piudent prepare the financial statements on the going concern basis unless it is Inappropriate to presume that the charitable company will continue in business. The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and to enable them to ensure that the financial statements comply with the Cornpanies Act 2006. They are also responsible for safeguarding the assets of the charitable company and h¢nce for taking reasonable steps for the pr¢v¢ntion and d¢tection of fraud and other irregularities. AUDITORS The auditors, Lynn Drake & Co Ltd, will be proposed for re-appointmcnt at the forthcorning Annual General Meeting. Report of the trustees, incorporating a strategic reporL approved by order of the board of trustees, as the company directors, on 27 August 2025 and signed on the board's behalf by: Michael George (Chairperson) - Tru ee
ort of the Inde Pole lass Communi Sall Gard ns Ltd endent Auditors t the Trust Association es and Members of Opinion We have audited the financial statements of Poleglass Community Association @ Sally Gardens Ltd (the 'charitable company,) for the year ended 31 March 2025 which comprise the Statement of Financial Activities, the Statement of Financial Position, the Statement of Cash Flows and notes to the financial slatements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,. In our opinion the financial statements.. give a true and fair view of the state of the charitable company's affairs as at 31 March 2025 and of its incoming resources and application of resources, including its income and expenditure, for the year then ended; have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland,; and have been prepared in accordance with the requirements of the Companies Act 2006. Basi5 for opinion We conducted our audit in accordance with International Standards on Auditing (UK) (ISAS (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors, responsibilities for the audit of the financial statements section of our report. We are independent of the charitable company in accordance with th¢ ¢thical requirements that are relevant to our audit of the financial statements in the UK, including the FRC'S Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion. Conclusions relating to going concern In auditing the financial statements, we have concluded that the trustees, use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not idcntified any material uncertaintie5 relating to events or conditions that, individually or collectively, may cast significant doubt on th¢ charitable company's ability to continue as a going concern for a period of at le&st twelve months from when the financial statements are authorised for issue. Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report. io
ort of the Inde Pole lass Communi Sall Gardens Ltd endent Auditors to the Trustees and Members of Association Other information The trustees are responsible for the other inforniation. The othcr infom)ation comprises the inforniation included in the Annual Report, other than the financial statements and our Report of the Independent Auditors thereon. Our opinion on the financial statements does not cover th¢ other inforniation and, except to the extent otherwise explicitly stated in our report, we do not express any fonn of assurance conclusion thereon. In connection with our audit of the financial statements. our responsibility is to read the other infomiation and, in doing so, consider whether the other inforniation is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to detennine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have perfornied, we conclude that there is a material misstatement of this other infonnation, we are required to report that fact. We have nothing to report in this regard. Opinions on other matters prescribed by the Companies Act 2006 In our opinion, ba8¢d on the work undertaken in the cowse of the audit: the information given in the Report of the Trustees for the financial year for which the fInancial statements are prepared is consistent with the financial statem¢nts' and the Report of the Trustees has been prepared in accordance with applicable legal requirements. Matters on which we are required to report by exceptAon In the light of the knowledge and understanding of the charitable company and its environment obtained in the course of the audiL we have not identified material misstatements in the Report of the Trustees. We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion: adequate accounting records have not been kept or returns adequate for our audit have not been received from branches not visited by us. or the financial statements are not in agreement with the accounting records and returns. or certain disclosures of trustees, remuneration specified by law are not made. or we have not received aIl the infonnation and explanations we require for our audit. Responsibilities of trustees As explained more fully in the Statement of Trustees, Responsibilities, the trustees (who are also the directors of th¢ charitable company for the pu05¢5 of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees detemine is neccssary to enable the PTeparation of financial statements that are f¢ from material misstatemenL whether due to fraud or error. In preparing the financial stat¢rnents. the trustees are responsible for assessing the charitable company's ability to continue as a going concern. disclosin& as applicable, matters related to going concern and using the going concern basis of accounting unl¢ss the trustces either intend to liquidate the charitable company or to ce&s¢ operations, or have no realistic alternative but to do so.
ort f the Inde Pole lass Communi Sall Gardens Ltd endent Au itors to the Trustees and Mem Association ers of Our rponsIbIlitieS for the audit of the financial statements Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Independent Auditors that includes our opinion. Reasonable assurance is a high level of assurance. but is not a guarantee that 8n audit conducted in accordance with ISAS (UK) will always detect a material rnisstatem¢nt when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate. they could re&sonably be expected to infiuence the economic decisions of users taken on the basis of these financial statements. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below: Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. In particular, we looked at where management made subjective judgements, for example in respect of accounting estimates that involved making &ssumptions and considering future events that are inherently uncertain. We also considered potential financial or other pressures, opportunity and motivations for fraud. A5 part of this discussion, we identified the internal controls established to mitigate risks related to fraud or non-compliance with laws and regulations and how management monitor these processes. Appropriate procedures included the review and testing of manual journals and key estimates and judgements made by management for risk of fraud. Based on our understanding of the company and industry, we identified the principal risks of non-compliance with laws and regulations as those that have a direct impact on the detemiination of material amounts and disclosures in the financial statements. We evaIuated management's incentives and OpportL1tleS for fraudulent manipulation of the financial statements and identified the greatest potential for fraud. We communicated the identified laws and regulations throughout the audit team and remained alert to any indications of non-compliance throughout the audit. Audit procedures perfomed included, but were not limited to.. Discussions with management including consideration of known or suspected instances of non-compliance with laws and regulation and fraud. R¢viewing th¢ financial statement disclosures and testing to supporting documentation; Review of board meeting minutes of those charged with governance. In addressing the risk of fraud through management oveIde of controls, testing the appropriateness of journal entries and other adjustments. As part of an audit in accordance with ISAS (UK), we exercise professional judgment and maintain professional scepticism throughout the audit. We also:. Identify and assess the risks of material Tnisstatemcnt of the financial statements, whether due to fraud or error. design and perform audit procedures responsive to those risks, and obtain audit evidence that is sufficient and appropriate to provide a basis for our opinion. The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involv¢ collusio forgery, intentional omissions, misTepresentalions, or the overrtde of internal control. Obtain an understanding of TnternaI control relevant to the audit in order to design audit procedures that are appropriate in the circumstances, but not for the puryiose of expressing an optnion on the effectiveness of the charities internal control. 12
ort of the Inde Pole lass Communi Sall ardens Ltd endent Auditor5 to the Trustees and Members of Association Evaluate the appropriateness of accounting policies used and the reasonableness of accounting estimates and related disclosures made by the trustees. Perforni analyttcal procedures to identify any unusual or unexpected relationships that may indicate risks of material misstatement due to fraud or error. Conclude on the appropriateness of the trustees, use of the going concern basis of accounting and based on the audit evidence obtained, whether a material uncertainty exists related to events or conditions that may cast significant doubt on the charities ability to continue as a going concern. If we conclude that a material uncertainty exists, we are required to draw attention in our auditor's report to the related disclosures in the financial statements or, if such disclosures are inadequate, to modify our opinion. Our conclusions are based on the audit evidence obtained up to the date of our auditor's report. However, future events or conditions may cause the charity to cease to continue as a going concern. Evaluate the overall presentation, structure, and content of the financial statemenls, including the disclosures and whether the financial statements represent the underlying transactions and events in a manner that achieves fair presentation. We communicate with those Chaed with governance regarding, among other matters, the planned scope and timing of the audit and significant audit findings, including significant defici¢ncies in internal control that we identify during our audit. A further d¢scription of our responsibilities for the audit of the financial statements is lo¢at¢d on the Financial Reporting Council's website at www.fr¢.org.uk/auditorsTesponsibilities. This description fom]s part of OUT Rcport of the Independent Auditors. Use of our report This report is made solely to the charitable c()mpany's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been und¢rtaken so that we might state to the charitsble company's members those matters we are required to state to them in an auditors, report and for no other pu other th ose. To the fullest extent pemiitted by law, we do not accept or assume responsibility to anyone this rep he charitable company and the charitable company's memb¢TS as a body. for our audit worL for for the opinions we have fornied. Billy Drake r Statutory Auditor) for and on behaIf of Lynn Drake & Co Ltd Statutory Auditors 1st Floor 34 B-D Main Stre¢t Moira Co. Arniagh BT67 OLE 27 August 2025 13
Pole lass ommuni Sall Gardens Ltd Assoei tion Statement of Financial Activities Ineo oratin an Ineome and Ex orthey r Ended 31 Mar h 2025 enditure Account 31.3.25 TotaI funds 31.3.24 Total funds Unrestricted Restricted fund funds Notes INCOME AI¥D ENDOWMENTS FROM Charitable activities Grants Receivable 345.545 345.545 492,418 Other trading activities 103,500 103,500 113.320 Total 103,500 345,545 449,045 605,738 EXPENDITURE ON Charitable activities Direct Charitable Expenditure Governance 183,129 5,106 344,645 527.774 5,106 543,093 5,836 Total 188,235 344,645 532,880 548,929 NET INCOME/(EXPENDrruRE) (84,735) 900 (83,835) 56,809 RECONCILIATION OF FUNDS Total funds brought fonvard 411,988 800 412,788 355,979 TOTAL FUNDS CARRIED FORWARD 327,253 1,700 328,953 412,788 The notes forni part of these financial statements 14
Pole lass Communi Sall Gardens Ltd Association Statement of Financial Position 31 March 2025 31.3.25 31.3.24 Notes FIXED ASSETS Tangible assets 4,299 6,449 CURRENT ASSETS Debtors Cash at bank io 59,124 276,242 63,663 348,091 335,366 411,754 CREDITORS Amounts falling due within one year (10,712) (5,415) NET CURRENT ASSETS 324,654 406.339 TOTAL ASSETS LESS CURRENT LIABILITIES 328,953 412,788 NET ASSETS 328,953 412,788 FUNDS Unrestricted funds Restricted funds 13 327,253 1,700 411,988 800 TOTAL FUNDS 328,953 412,788 The financial statements were approved by the Board of Trustees and authorised for issue on 27 August 2025 and were signed on its behalf by.. Michael George (ChaiTP n)-Tr ee Tony Kennedy (Vice Chair) - Trustee The notes fomi part of these financial stat¢ments 15
Pole lass Communi Sall Gardens Ltd ociation Ststement of Cash Flows for the Year Ended 31 March 2025 31.3.25 31.3.24 Notes Cash flows from operating activities Cash generated from operations (71,849) 85,287 Net cash (used inyprovided by operating activities (71.849) 85,287 Cash flows from investing activities Purch&8e of tangible fixed assets (8,599) Net cash provided byl(used in) investing activities (8,599) Change in cash and cash equivalents in the reporting period Cash and eash equivalents at the beginning of the reporting period (71,849) 76,688 348,091 271,403 Cash and cash equivalents at the end of the reporting period 276,242 348,091 The notes fonn part of these financial statements 16
Pole lass Communi Sall Gardens Ltd Association Notes to the Statement of Cash Flows for tbe Year Ended 31 March 2025 RECONCILIATION OF NET (EXPENDITUREYINCOME TO NET CASH FLOW FROM OPERATING AcTIvlEs 31.3.25 31.3.24 Net (expenditure)/income for the reporting period (as per the Statement of FinancAal Activities) Adjustments for: Depreciation charges Decrease in debtors Increase in creditors (83,835) 56,809 2,150 4,539 5,297 2,488 25,990 Net cash (used in)/provided by operatiolls (71,849) 85,287 ANALYSIS OF CHANGES IN NET FUNDS At 114124 Cash flow At 3113125 Net Cash Cash at bank 348,091 (71,849) 276,242 348,091 (71,849) 276,242 Total 348,091 (71.849) 276,242 The notes fom part of these financial statements 17
Pole las Communi Sall Gardens Ltd Association Notes to the Finaneial Statements for the Year Ended 31 March 2025 ACCOUNTING POLICIES Basis of preparing the financial statements Summary of significant accounling policies a) General information and basis of preparation Polegl&ss Community Association Ltd is constituted as a company limited by guarantee incorporated in Northern Ireland N1035195. In the event of the charity being would up, the liability in Tespect of the guarantee is limited to £1 per member of the charity. The charity constitutes a public benefit entity as defined by FRS 102. The financial statements have been prepared in accordance with Accounting and Reporting by Charities.. Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland issued in 2019), the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS 102), the Charities Act (Northern Ireland) 2013, the Companies Act 2006 and UK Generally Accepted Practice.. The financial statements are prepared on a going concern basis under the historical cost conventio modified to include certain items at fair value. The financiaI staternents are Presented in sterling which is the functional currency of the charity. The SIlfiCant accounting policies applied in the preparation of these fman¢ial statements are set out below. These policies have been consistently applied to all years presented unless othenvise stated. (b) Funds Unrestricted funds are avatlable for use at the discretion of the trustees in furtherance of the general objectives of the charity and which have not bcen designated for other purposes. Designated funds comprise unrestricted funds that have been set aside by the trustees for particular purposes. The aim and use of each designated fund is set out in the notes to the financial statements. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by donors or which have been raised by the charity for particular purposes. The cost of raising and administering such funds are charged against the specific fund. The aim and use of each restricted fund is set out in the notes to the fmancial statements. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. (c) Income recognition All incoming resouTces are included in the Statement of Financial Activities (SOFA) when the charity is legally entitled to the income after any performance conditions have been met, the amount can be mcasured reliably, and it is probable that the income will be received. 18 continued...
Pole lass Communi Sall Gardens Ltd Association Notes to the Financial Statements- continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financi21 statements For donations to be Tecognised the charity will have been notified of the amounts and the settlement date in writing. If there are conditions attached to the donation and this requires a level of performance before entitlement can be obtained, then income is deferred until those conditions are fully met or the fulfilment of those conditions is within the control of the charity and it is probable that they will be fulfilled. Voluntary income is received by way of grants, donations and gifts and is included in full in the Statement of Financial Activities (SOFA) when receivable. Income received from collections is recognised when received. Donated facilities and donated professional services are recognised in income at their fair value when their economic benefit is probable, it can be me&8ured reliably, and the charity has control over the item. Fair value is detern)ined on the basis of the value of the gift to the charity. For example, the amount the charity would be willing to pay in the open market for such facilities and services. A corresponding amount is recognised in expenditure. No amount is included in the financial statements for volunteer time in line with the SORP (FRS 102). Furth¢r detail is given in the Trustees, Annual Report. For legacies, entitlement is the earlier of the charity being notified of an impending distribution or the legacy being received. At this point income is recognised. On occasion legacles will b¢ notified to the charity however it is not possible to measure the amount expected to be distributed. On these occasions, the legacy is treated as a contingent asset and disclosed. Income from trading activities includes income earned from fundraising events and trading activities to raise funds for the charity. Jncome is received in exchange for supplying goods and services in order to raise funds and is recognised when entitlement has occurred. The charity receives government grants which are detailed within the notes to these financial statements. Incom¢ from government and other grants are recognised at fair value when the charity has entitlement after any perfomiance conditions have been met, it is probable that the income will be received. and the amount can be measured reliably. If entitlement is not m¢t, then these amounts are deferred. (d) Expenditure recognition All expenditure is accounted for on an accruals basis inclusive of VAT which cannot be recovered and has b¢en classified under headings that aggregate all costs related to the category. Expenditure is recognised where there is a legal or constructive obligation to make payments to third parties, it is probable that the settlement will be require and the amount of the obligation can be measured reliably. It is categorised under the following headings.. Costs of raising funds includes the costs associated with attracting voluntary incomes. Expenditure on charitable activities includes those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them; and Other expenditure represents those items not falling into the categories above. Irrecoverable VA T is charged as an expense against the activity for which expenditure arose. 19 continued...
Pole lass Comm ni Sall Gardens Ltd Associati Notes to the Finaneial Statements- continued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements Grants payable to third parties are within the charitable objectives. Where unconditional grants are offered, this is accrued as soon as the recipient is notified of the grant, Ls this gives rise to a reasonable expectation that the recipient will receive the grants. Where grants are conditional relating to perfomianc¢ then the grant is only accrued when any unfulfilled conditions are outside of the control of the charity. (e) Support costs allocation Support costs are those that assist the work of the charity but do not directly represent charitable activities and include office costs, governance costs. administrative payroll costs. They are incurred directly in support of expenditure on the objects of the charity and include project management carried out at Headquarters. Where support costs cannot be directly attributed to particular headings they have been allocated to c()st of raising funds and expenditure on charitable activities on a basis consistent with use of the resources. Premises overheads have been allocated on an insert detail basis and other overheads have been allocated on a basis consist¢nt with the use of resources. Fund-raising costs are those incuryed in seeking voluntary contributions and do not include the costs of disseminating infom]ation in support of the charithble activities. (O Tangible fixed assets Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impaimient losses. Cost includes costs directly attributable to making the asset capable of operating as intended. Depreciation is provided on all tangible fixed &ss¢ts, at rates calculated to write off the cost, less estimated residual value. of each asset on a systematic basis over its expected useful life as follows.. Computer Equipment - 25 % Straight Line (g) Financial Instruments A financial asset or a financial liability is recognised only when the charity becomes a paty to the contractual provision of the instrLment. Basic financial instruments are initia]Iy Tecognised at the amounts receivable or payable including any related transaction costs. Current assets and current liabilities are subsequently measured at the cash or other consideration expected to be paid or relived and not discounted. Debt instruments are subsequently me&sured at amortised cost. Where investments in shares are publicly traded or their fair value Can othenvise be measur¢d reliably. the investment is subsequently measured at fair value with changes in fair value recognised in income and expenditure. All other such investments are subsequently measured at cost less impairnient. 20 continued...
Pol lass Communi Sg11 Gardens Ltd Assoeiation Notes to the FinanciaI Ststements- eontinued for the Year Ended 31 March 2025 ACCOUIYTING POLICIES - continued Basis of preparing the financial ststements Other financial instruments, including derivatives, are initially recognised at fair value, unless payment for an asset is deferred beyond nonnal business terms or financed at a rate of interest that is not a market rate, in which case the asset is measured at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Other financial instruments are subsequently measuTed at fair value with any changes recognised in the statement of financial activities, with the ex¢¢ption of hedging instruments in a designed hedging relationship. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impaimient at the end of each reporting date. if there is objective evidence of impairnient an impainnent loss is recognised under the appropriate heading in the statement of financial activities in which the initial gain is recognised. For all equity instruments regardless of significance, and other financial &ssets that are individually significant, these are assessed individually for impairnient. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairnient are recognised immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the Canying amourlt would have been had the impairnient not previously been recognised. ) Impairnient Assets not measured at fair value are reviewed for any indication that the asset may be impaired at each balance sheet date. If such indication exists, the recoverable amount of the asset, or the asset's cash generating unit, is estimated and compared to the carrying amount. Where the carrying arnount exceeds its recoverable amount, an impairment loss is recognised in profit or loss unless the asset is carried at a revalued amount where the impaimicnt loss is a revaIuation decTease. (i) Provisions Provisions are r¢cognised when the charity has an obligation at the balance sheet date as a result of a past event, it is probable that an oufflow of economic benefits will be required in settlement and the amount can be reliably estimated. (i) Leases Assets acquired und¢r finance leases are capitalised and depreciated over the shorter of the lease tenn and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges. are included in creditors. Rentals payable and receivable under operating leases are charged to the SOFA on a straight line basis over the period of the lease. (k) Employee benefits 21 continued...
Pole lass Communi Sall Gardens Ltd Association Notes to the Financial Statements - eontiuued for the Year Ended 31 March 2025 ACCOUNTING POLICIES - continued Basis of preparing the financial statements When employees have rendered service to the charity, short-tenn employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service. (l) Tax No provision is required for t&tion as the company is defined as a chartty for t&Yation purposes. (m) Going concern The financial statements have been prepared on a going concern basis as the trustees believe that no material uncertainties exist. The trustees have considered the level of funds held and the expected level of income and expenditure for 12 months from authorising these financia] statements. The budgeted income and expenditure is sufficient with the level of reserves for the charity to be able to continue as a going concern. (n) Judgements tiaS The following judgements including those involving estimates that have been made in the process of applying the above accounting policies that have had the most significant effect on the amounts recognised in the financial statements and that have a significant risk of Causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year: (i) principal assumptions used to mcasure multi-employer defined benefit pension schemes, liabilities, sensitivities to changes in assumptions and future funding obligations The estimates and &ssumptions are Teviewed on an ongoing basis considering the current and future market conditions. Income All income is recognised in the Statement of Financial Activities once the chaTity has entitlement to the funds, it is probable that the income will be received and the amount can be measured reliably. Expenditure Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the charity to that expenditure, it is probable that a transfer of economic benefits will be requlred in settlement and the amount of the obligation can be measured reliably. Expenditure is accounted for on an accruals basis and has been classified under headings that aggregat¢ all cost related to the category. Where costs cannot be directly attributed to particular headings they have been allocated to activities on a basls consistent with the use of resources. Tangible red assets Depreciation is provided at the following annual rates in order to write off each ass¢t over its estimat¢d useful life. Computers / Equipment 250/0 Straight Line 22 ontinued...
Pole ommuni Sall Gardens Ltd Associ2tion Notes to the Financial Statements - continued for the Year Ended 31 March 2025 ACCOUNfING POLICIES - continued Fund accounting Unrestricted funds can be used in accordance with the charitable objectives at the discretion of the trustees. Restricted funds can only be sed for particular restricted purposes within the objects of the charity. Restrictions arise when specified by the donor or when funds are raised for particular restricted purposes. Further explanation of the nature and purpose of each fund is included in the notes to the financial statements. Pension costs and other post-retirement benefits The charitable company operates a defined contribution pension scheme. Contributions payable to the charitable company's pension scheme are charged to the Statement of Financial Activities in the period to which they relate. Defined contributions plans Contributions to defined contribution plans are recognised as an expense in the period in which the related servlce is provided. Prepaid contributions are Tecognised as an asset to the extent that the prepayment will lead to a reduction in the future payments of a cash refund. When Contributions are not expected to be Settl wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. Th¢ unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises. OTHER TRADING ACTIVITIES 31.3.25 31.3.24 Belf&st City Council Room Hire Donations & Hall Hire Programmes Belf&st City Council Pitch 7.000 52,000 500 44,000 7,000 61,320 1,000 44.000 103.500 113,320 23 conlinued...
Pol lass Communi Sall Gardens Ltd Assoeiation Notes to the Finaneial Statements - continued for the Year Ended 31 March 2025 INCOME FROM CHARITABLE ACTIvrriES 31.3.25 31.3.24 Activity Grdnts Receivable Grants 345,545 492,418 Grants received, included in the above, are as follows: 31.3.25 31.3.24 Dept For Communities Salary Belfast City Council - Community Activity Belfast City Council - Summer Scheme Belfast City Council - Capacity Building Belfast City Council - Salaries and Running Costs Education Authority The Executive Office - Urban Villages Belfast City Council - Seniors The Executive Office/ Community Capacity Building/ Urb Vill Department of Justice - Asset Recovery Blackie Cornmunity Association - CIT Health & Wellbeing Creggan Healthy Living- Transfomi Your Trolley HSC Mind Matters Upper Springfield CIT Community Safety The Executive Office Safer Streets Dept for Communities Cost of Livingl Running Costs National Energy Action The Executiv¢ Office Employability Big Lottery Main Colin Neighbourhood Thriving Youth Federation of Family Practice Belfast City Council - Small Projects Belfast City Council - Hardship Fund Charles Hayward Foundation Irish Youth Foundation 35,120 32,473 4,975 2,470 48,470 70,419 3,875 2,486 49,099 71,552 2,400 8,320 1,250 39,950 13,800 36,485 2,000 29,703 52,116 32,560 30,000 1,500 8,000 26,720 98,507 7,480 3,200 1,500 5,000 97,346 4,000 487 1,700 10.000 3,000 345,545 492,418 24 continued...
Pole lass Communi Sall Gardens Ltd Association Note5 to the Financial Statements - continued for the Year Ended 31 March 2025 CHARITABLE ACTIVITIES COSTS Support costs (see note 5) Direct Costs Totals Direct Charitable Expenditure Governance 527,774 527,774 5,106 5,106 527,774 5,106 532,880 SUPPORT COSTS Govemancc costs Governance 5,106 NET INCOME/(EXPENDITURE) Net income/(expenditure) is stated after chargingJ(¢rediting): 31.3.25 31.3.24 Auditors, remuneration Accountancy Fee Depreciation - owned &ssets 1,500 3,060 2,150 1,500 2,700 6,942 TRUSTEES, REMUNERATION AND BENEFITS There were no trnstees, remuneration or other benefits for the year ended 31 March 2025 nor for thc year ended 31 MaTch 2024. Trustees, expenses There were no trustees, expenses paid for the year ended 31 March 2025 nor for the year ended 31 March 2024. 25 ontinued...
Pole lass Comn]ulli Sall Gardens Ltd sociation Notes to the Financial St2tements- eontinued for the Year Ended 31 Mareh 2025 STAFF COSTS 31.3.25 31.3.24 Wages and salaries Social security costs Other pension costs 244,951 19,004 36,102 253,338 17,838 24,503 300,057 295,679 The average monthly number of employees during the year was as follows: 31.3.25 31.3.24 io Management & Administration/Op¢rational No employees received emoluments in excess of £60,000. The key management personnel of the charity comprise of the Chief Executive and Senior management team. The salaries paid to key management personnel being the Chief Executive Officer, Programme Managers. Finance Manager, and Programme Co-ordinator during the year totalled £199,516. (2024: £188,409) TANGIBLE FIXED ASSETS Computers / Equipment COST At l April 2024 and 31 March 2025 74,667 DEPRECIATION At l April 2024 Charge for year 68,218 2,150 At 31 March 2025 70,368 NET BOOKVALUE At 31 March 2025 4,299 At 31 March 2024 6.449 26 continued...
Pole las Communi Sall Gardens Ltd Association Notes to the Finaneial Statements- eontinued for the Year Ended 31 March 2025 10. DEBTORS: AMOUNTS FALLING DUE wrrHIN OIYE YEAR 31.3.25 31.3.24 Dept of Justice Healthy Living Centre National Energy Action Department for Communities Room and Pitch Hire Due Belfast City Council Communities in Transition Irish Youth Foundation The Executive Office 13,800 2,000 1,000 1,999 22,000 1,250 16,475 600 11,223 3,200 9,143 995 14,511 24,591 59,124 63,663 11. cREDORS. AMOUNTS FALLING DUE WITHIN ONE YEAR 31.3.25 31.3.24 Accruals and defeed income 10,712 5,415 12. ANALYSIS OF NET ASSETS BETWEEN FUNDS 31.3.25 Total funds 31.3.24 Total funds Unrestricted fund Restricted funds Fixed assets Current assets Current liabilities 4,299 333,666 (10,712) 4,299 335,366 (10,712) 6.449 411,754 (5,415) 1,700 327,253 1,700 328,953 412,788 13. MOVEMEINT IN FUNDS Net ovement in funds At 3113125 At 114124 Unrestricted funds General fund 411,988 (84,735) 327,253 Restricted funds Federation of Family Practice Belfast City Council - Hardship Fund 800 (800) 1,700 1,700 800 900 1,700 TOTAL FUNDS 412,788 (83.835) 328,953 27 continued...
P I lass Comrnuni Sall Gardens Ltd Association Notes to the FinanciaI Statements - continued for the Year Ended 31 March 2025 13. MOVEMENT IN FUNDS- continued Net movement in funds, included in the above are as follows: Incoming resourc¢s Resources expended Movement in funds Unrestricled funds General fund 103,500 (188,235) (84,735) Restricted funds Dept of Comtnunities Salary BCC - Salaries and Running Costs Belfast City Council - Summer Scheme Belfast City Council - Capacity Building Education Authority Belfast City Council - Small Projects The Executive Office - Urban Villages Belfa8t City Council - Seniors Department of Justice - Asset Recovery Blackie Community Association - CIT Health & Wellbeing Creggan Healthy Living - Transfomi Your Trolley Dept for Communities Cost of Living/ Running Costs Blackie Community Association - CIT Health & Wellbeing (2) National Energy Action Big Lottery Maln Federation of Family Practice Belfast City Council - Hardship Fund Charles Hayward Foundation Irish Youth Foundation 35,120 71.552 2,486 (35,120) (71,552) (2,486) 49,099 2.400 487 8,320 1,250 (49.099) (2,400) (487) (8,320) (1,250) 13,800 (13,800) 34,521 (34,521) 2,000 (2,000) 1,500 (1.500) 1,964 5,000 97.346 4,000 1,700 10,000 3,000 (1.964) (5,000) (97.346) (4,800) (800) 1,700 (10,000) (3,000) 345,545 (344,645) 900 TOTAL FUNDS 449,045 (532.880) (83,835) 28 continued...
s Communi Sall Gardens Ltd Association Notes to the Financial Statements- continued for the Year Ended 31 March 2025 13. MOVEMENT IN FUNDS - continued Comparatives for movement in funds Net movement in funds At 3113124 At 114123 Unrestricted funds General fund 351,187 60,801 411,988 Restricted funds BCC - Salaries and Running Costs The Executive Officel Community Capacity Buildingl Urb Vill Colin Neighbourhood Partnership - Youth Project Falls Council/ CIT Community Safety C¢FOperation Irelarftd Federation of Family Practice 2,488 (2.488) 527 (527) 1,023 229 525 (1,023) (229) (525) 800 800 4,792 (3,992) 800 TOTAL FUNDS 355,979 56,809 412,788 29 continued...
Pole lass Communi Sall Gardens Ltd Assoeiation Notes to the Finantial Statements - continued for the Year Ended 31 March 2025 13. MOVEMENf IN FUNDS - continued Comparative net movement in funds, included in the above are as follows: Incoming resources Resources expended Movcrnent in funds Unrestricted funds General fund 113,320 (52,519) 60,801 Restricted funds Dept of Communities Salary BCC - Salaries and Running Costs Belfast City Council - Summer Scheme Belfast City Council - Capacity Building Education Authority Belfast City Council - Community Activity The Executive Office/ Community Capacity Buildingl Urb Vill Colin Neighbourhood Partnership - Youth Project Falls Council/ CIT Community Safety Blackie Community Association- CIT Health & Wellbeing Co-operation Ireland HSC Mind Matters Upper Springfield CIT Community Safety The Executive Office Employability Dept for Communities Cost of Livingl Running Costs National Energy Action Big Lottery Main The Executive Office Safer Streets Colin Neighbourhood Thriving Youth Federation of Family Practice 32,473 70,419 2,470 (32.473) (72,907) (2,470) (2,488) 48,470 3,875 (48,470) (3,875) 4,975 (4,975) 39,950 (40,477) (527) (1,023) (229) (1,023) (229) 29,703 (29,703) (525) (52.116) (525) 52,116 32,560 26,720 (32,560) (26,720) 1,500 8,000 98.507 30.000 7,480 3.200 (1,500) (8,000) (98,507) (30,000) (7,480) (2,400) 800 492,418 (496,410) (3,992) TOTAL FUNDS 605,738 (548,929) 56,809 30 continued...
Pole ss Communi Sall Gardens Ltd Assoeiation Not&s to the Financial Statements - continued for the Year Ended 31 March 2025 14. CONTINGENT LIABILITIES A contingent liability exists to repay grants received should certain conditions not be fulfilled by the charity. 15. COMPANY CHARGE On 28 November 2000 an all monies charge was created by Lisburn City Council. Also, on 29 September 2023 an all monies charge was created by The Executive Office. 16. RELATED PARTY DISCLOSURES There were no related paty transactions for the year ended 31 March 2025. 17. POST BALANCE SHEET EVENTS There were no events after the reporting period therefore no material issues need disclosed 18. WINDINC UP Every member of the Company undertakes to contribute to the assets of the Company, in the event of the same being wound up while it is a member, or within one year after it ceases to be a member, for payment of the debts and liabilities of the Company contracted before it ceases to be a rnember, and of the costs, Charges and expenses of winding up, and for the adjustment of the rights of the contributor's among themselves, such amount as may be required not exceeding one pound. 19. SHARE CAPITAL The Company is Limited by Guarantee and h&8 no Share Capital 31
Pole lass Communi Sall Gardens Ltd Association Detailed Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 INCOIVIE AND ENDOWMENTS Other trading activities Belfast City Council Room Hire Donations & Hall Hire Programmes Belfast City Council Pitch 7,000 52,000 500 44,000 7.000 61,320 1,000 44,000 103,500 113,320 Charitable activities Grants 345,545 492,418 Total incoming resources 449,045 605,738 EXPENDITURE Charitsble activities Wages Social security Pensions Rates and water Insurance Light, heat & water Telephone & Internet Postage,Stationery & Equipment Advertising & Hospitality Sundii¢s Photocopier & Hire Events & Programmes Programme Travel Cleaning & Maintenance Repairs and Renewals Trade Subscriptions Legal & Professional Fees Consultancy & Computer Costs Service Level Agreements Wellness Packs Training Consumables Volunteer Costs Carried forward 244.951 19,004 36,102 3,754 5,655 16,432 3,057 8,592 253,338 17.838 24,503 5,084 17,432 4,676 5.532 100 1,024 1,124 181,543 142 8,404 994 247 2,613 754 4,454 7,668 1,282 1,853 1,090 741 148,846 165 4,417 2,368 2,307 3,102 4.005 1.817 3,541 15,678 525,624 540,605 This page does not fonn part of the statutory financial stafrments 32
Pole lass Communi Sall Gardens Ltd Association Detsiled Statement of Financial Activities for the Year Ended 31 March 2025 31.3.25 31.3.24 Charitable activities Brought fonvard Depn of Computer Equipment 525,624 2,150 540,605 2,488 527,774 543,093 Support costs Governance costs Auditors, remuneration Accountancy Fee Bank charges and Interest 1,500 3,060 546 1,500 2,700 1,636 5,106 5,836 Total resources expended 532,880 548,929 Net (expenditure)lincome (83,835) 56,809 This page does not forni part of the statutory financial statements 33